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Who owns L'Oréal stock in 2022?

According to L’Oréal, in 2022 Bettencourt Meyers and her family owned more than 34% of the company’s stock . Bettencourt Meyers was the only child of Liliane Bettencourt, whose father, Eugène Schueller, founded the L’Oréal Group. She inherited her mother’s holdings when Bettencourt died in 2017.

Who founded L'Oreal?

Pierre Vauthey/Getty Images Schueller, a pharmacist, founded the company that was to become L'Oreal in 1909. His daughter and Bettencourt Meyers' mother, Liliane, inherited Schueller's fortune and control of the company upon his death in 1957.

Why is L'Oréal's stock at a record high?

L’Oreal’s stock is at a record high. The stock has risen 35% this year as consumers have continued splurging on luxury products since the pandemic. According to L’Oréal, in 2022 Bettencourt Meyers and her family owned more than 34% of the company’s stock .

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